Common use of Section 16.8 Clause in Contracts

Section 16.8. None of the Company Assets owned or used by the Company is tax-exempt use property within the meaning of Section 168(h) of the Code.

Appears in 2 contracts

Sources: Merger Agreement (KIT Digital, Inc.), Merger Agreement (KIT Digital, Inc.)

Section 16.8. None of the Company Assets owned or used by the Company or its Subsidiaries is tax-exempt use property within the meaning of Section 168(h) of the Code.

Appears in 1 contract

Sources: Merger Agreement (KIT Digital, Inc.)